BLC Communities · 1 week ago
Associate - Asset Management & Acquisitions
BLC Communities is a dynamic private real estate company dedicated to providing safe, quality, and affordable housing. The Associate in Asset Management and Acquisitions will lead underwriting models for new acquisitions, manage existing real estate assets, and build relationships with external investment partners.
Responsibilities
Conducts financial analysis for initial screening of asset investment opportunities and cash flow modeling to assess potential returns
Drafts memos for investment committees and board decks to outline asset strategies, investment prospects, and key performance indicators
Ensures compliance and organizational alignment through due diligence on approved transactions
Coordinates with specialized third-party advisors and assists in executing both asset and debt financing transactions
Contributes to investor reports and monitors financial performance, focusing on asset conditions and market trends
Collaborates on strategy formulation and oversees annual property budgets, liaising with internal and external partners for implementation
Facilitates communication across teams to enhance investment performance and provides analytical support for strategic decisions
Produces board decks to effectively communicate key performance indicators, asset management strategies, and other relevant data for board meetings and executive reviews
Qualification
Required
Relevant experience in real estate-related investment business, preferably in the manufactured housing or apartment industry
Strong financial modeling capabilities with close attention to detail
Deep transactional and/or asset management experience
Effective communication skills, both written and spoken
Ability to work in a fast-paced environment with a high level of autonomy
Highly collaborative team player with a desire to contribute to a growing organization
Eagerness to learn, ideate, and innovate
Honesty and integrity
Demonstrated ability to work under pressure
Three (3) to Seven (7) years of relevant experience in commercial real estate preferably in manufactured housing or multifamily
Bachelor's Degree (Finance related) with a record of academic achievement
Superior knowledge of software and analysis programs such as Excel, and PowerPoint
Some travel required
Preferred
Experience with programs such as Canva, Rent Manager and Yardi a plus
Company
BLC Communities
BLC Communities manages residential real estate communities and supports property operations for owners and residents.
Funding
Current Stage
Early StageCompany data provided by crunchbase